Description

BSE Daily Bulletin announcing book closure dates, record dates, and corporate actions including dividends, NCD redemptions, and commercial paper maturities for various companies.

Summary

BSE Daily Bulletin No. 156/2025-2026 dated November 17, 2025, announcing book closure dates and record dates for various corporate actions across multiple companies. The bulletin covers dividend payments, NCD redemptions (full and partial), interest payments, and commercial paper maturities.

Key Points

  • Ashok Leyland Ltd. declares interim dividend of Rs. 1.00 per share (100%) with record date November 18, 2025
  • Multiple NCD redemptions scheduled by Akara Capital Advisors, Aptus Value Housing Finance, and others
  • Various commercial paper redemptions by major companies including Grasim Industries, Kotak Mahindra Investments, L&T, DSP Finance
  • Indian Railway Finance Corporation bonds maturing on December 5, 2025
  • Interest payment dates announced for multiple privately placed NCDs
  • All securities will have trading flag “1” (ex-date trading) on their respective record dates

Regulatory Changes

No regulatory changes announced. This is a routine informational bulletin.

Compliance Requirements

  • Investors must hold securities in their demat accounts as of the record date to be eligible for respective corporate actions
  • Companies to process dividend payments, redemptions, and interest payments as per scheduled dates
  • Securities to trade ex-entitlement on the record dates specified

Important Dates

  • November 18, 2025: Record date for Ashok Leyland dividend
  • November 19, 2025: Interest payment for BOND BASKET 01 2024
  • November 20, 2025: CP redemption - Kotak Mahindra Investments; Part redemption - Aptus Value Housing Finance
  • November 21, 2025: CP redemption - Birla Corporation; Part NCD redemption - Lumbini Education
  • November 27, 2025: CP redemption - DSP Finance Private Limited
  • November 28, 2025: Interest payment - Cholamandalam Investment and Finance
  • December 1, 2025: Interest payment - FRIEZA 06 2025
  • December 4-7, 2025: Multiple NCD redemptions and interest payments - Akara Capital Advisors
  • December 5, 2025: Bond redemption - Indian Railway Finance Corporation (2 series)
  • December 10-11, 2025: CP redemptions - Grasim Industries
  • February 4, 2026: CP redemption - Larsen & Toubro
  • March 6, 2026: CP redemption - Capri Global Capital

Impact Assessment

Market Impact: Medium - The bulletin contains routine corporate actions that affect multiple debt and equity instruments. The Ashok Leyland dividend announcement may positively influence its stock price.

Investor Impact: Medium - Investors holding these securities need to be aware of record dates to ensure eligibility for dividends, redemptions, and interest payments. Missing record dates means forfeiting entitlements.

Operational Impact: Low - Standard processing of corporate actions by depositories, registrars, and companies. No unusual or complex transactions requiring special handling.

Liquidity Impact: Low - Securities trade ex-entitlement on record dates, which is normal market practice. Commercial paper and NCD redemptions will return capital to investors as scheduled.

Impact Justification

Routine daily bulletin with multiple corporate actions affecting various securities. Medium impact due to dividend announcement for Ashok Leyland and multiple debt instrument redemptions.